BAMT Operation Finance (Finance BP)

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Date: Jun 22, 2022

Location: Shanghai, CN

Company: Bekaert NV

Bekaert (www.bekaert.com) is a world market and technology leader in steel wire transformation and coating technologies. We pursue to be the preferred supplier for our steel wire products and solutions by continuously delivering superior value to our customers worldwide. Bekaert (Euronext Brussels: BEKB) is a global company with more than 27 000 employees worldwide, headquarters in Belgium and € 4.4 billion in combined revenue in 2020.

 

 

Purpose of the Job

  • Act as Business Finance Partner at BAMT plant level, enhance production/capex/ opex/costing control of the plant and be the interface with corporate finance and tax teams in China.

 

Main Accountabilities & Description of Activities

  1. Costing
  • Maintains standard costing in system timely and accurately.
  • Cash production cost and variance analysis to identify cost savings initiatives with operation team.
  • Organize periodic inventory counts with cooperation of plant management.
  • Trace and follow material and production input cost level and advise sales team on price level changes to preserve profitability.
  1. Financial forecasting and reporting
  • Prepares financial statement both for PRC and IFRS including monthly, quarterly and yearly.
  • Prepare and collect basic information for yearly budget and rolling forecast (P/L, working capital and cash flows) preparation.
  • Ensure timely management reporting according to Bekaert Group Control Guidelines and analyze actual results for management team to steer corrective action plans.
  1. Accounting, Audit and Tax
  • Prepare accruals, inventory provisions and other cost accounting.
  • Assists direct supervisor to coordinate and follow up the audit and tax issues including internal and external, prepares data that meet the requirement of audit. 
  • Optimize the procedure of operation team and improve the weakness of internal control.
  1. Other supports
  • Adhoc decision support, including what-if analysis, CAPEX financial projections.
  • Complete other assignments as instructed.
  • Support adhoc financial and non-financial projects.

 

Context Description & Dimensions

1. Annual turnover of BAMT: mainly China domestic sales with about 30% for sales to overseas Bekaert entities.

2.Work close with operation team and commercial team.

 

Qualifications

  • Bachelor’s degree in accounting and finance, ACCA/CICPA or equivalent qualified; previous Big4 and MNC manufacturing controlling experience preferred
  • About 3- 5 years of relevant post-qualification working experience. Able to work independently
  • Strong communication skills and be able to explain financial concepts to non-finance managers
  • Good written and spoken English
  • SAP knowledge
  • Experience in data science and business analytics applications (e.g., Power BI) is an advantage

 

 

You grow, we grow... Better together. Bekaert offers continuous development opportunities.


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